Indonesian Market Analysis

Now let's take a look at The Indonesian stock market on Tuesday, The Indonesian composite index fell further in the red, marking two consecutive drops so far this week. 

The health sector fell the most, dropping over 1%, as investors took profit taking actions, after health stocks gained by over 2% the previous day on Monday.

Despite The IDX posting two consecutive days of losses, shares like Astrindo Nusantara Infrastrukture gained by over 17%, following Suryamas Dutamakmur and Hatten Bali which gained by over 13 and 12% respectively.

Meanwhile, in currency exchange market, The Indonesian Tupiah slipped today, falling by 0,14% to Rp14.990/dollar as of 2:50 PM Western Indonesian Time. The drop comes as investors are consolidating ahead of the fed rate decision which will be announced this coming Wednesday.